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505 Lafayette Ave

Cheboygan, MI 49721

2 bd 1 ba 1,668 sqft Lot 130,680 sqft single_family
Most recent sale
$160,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2022 Sold $160,000 MLS #201817344
Mar 14, 2022 Listed $153,000 MLS #201817344

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $38,300 $1,830
2020 $38,300 $2,035
2019 $36,100 $1,987
2018 $35,500 $1,937
2017 $35,300 $1,878
2016 $35,900 $1,859
2015 $35,400 $1,842
2014 $34,400 $1,829
2013 $32,700 $1,766
2012 $39,300 $1,719
2011 $40,900 $1,658
2010 $30,000 $1,629
2009 $49,500 $1,622
2006 $50,900 $716

Property facts

Year built
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,668 sqft
Lot size
130,680 sqft
ZIP code
49721
City
Cheboygan
Street
Lafayette Ave
Coordinates
45.63671, -84.46242

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Lafayette Ave last sell?
505 Lafayette Ave most recently sold on Apr 12, 2022 for $160,000.
What is the current tax assessment for 505 Lafayette Ave?
The most recent total assessment for 505 Lafayette Ave (year 2021) is $38,300 with $1,830 in property tax.
How does 505 Lafayette Ave's assessment compare to its last sale price?
The current assessment is 76.1% below the last sale price of $160,000.
When was 505 Lafayette Ave built?
The year built for 505 Lafayette Ave is not in our records.
How does 505 Lafayette Ave compare to others on Lafayette Ave?
We track 2 other properties on Lafayette Ave. Browse the list under "Other properties on Lafayette Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Lafayette Ave?
505 Lafayette Ave is a 2 bed, 1 bath, 1,668 sqft, 130,680 sqft lot single_family.
Is 505 Lafayette Ave a flip candidate?
No — 505 Lafayette Ave does not appear in our flips dataset.
Is 505 Lafayette Ave a tax-appeal candidate?
No — 505 Lafayette Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.8%
Implied 1-yr
-7.2%
2026 Q3
$172.9K
2026 Q4
$169.4K
ZIP 49721 — Median Price History + Forecast

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